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Online education enjoys a large market space and many Internet giants are all vying for a slice of the pie. Given the tough competition, startups may face great challenges in the future, such as how to create innovative business models, accumulate active users and develop innovative technologies. On the other hand, with the big competition between giants as well as escalating crackdown and regulation in China's online education sector, VC investors should also be cautious.
Experts predict that the hospitality and tourism industry will not be fully recovered by 2024. It is critical for the travel sector to approach a long-term strategy to enhance business sustainability and development. The adoption of automation and technology plays an important role in staff development. Matching the adequate technology with the hospitality employees can boost their working efficiency, upskill staff’s talents, and hence provide a more professional and pleasant service to the guests.
The hospitality industry has been devastatingly impacted by the COVID-19. While the pandemic accelerated the demand for contactless services, this has triggered APAC’s hospitality sector to embrace Artificial Intelligence (AI) technologies to comply with the new normal.
The shortage of power batteries and related materials is no doubt shaking Asia automobile industry. On the other hand, any technology that makes batteries and battery production more efficient, cost effective, and sustainable has strong potential to be game changing to the rapidly expanding EV industry, and so these types of breakthroughs are incredibly valuable.
Apart from chip-shortage, an industry-wide shortage of power batteries will also continue to hamper EV production in China for the next few months. Nio, for example, had achieved a production rate of 10,000 vehicles during the Chinese New Year in February. However, the company expects monthly output to remain at around 7,500 units throughout the second quarter due to lower-than-estimated battery supply.
